THE WHAT? Godrej has reported its results for the final quarter of the 2024 financial year. The Indian consumer goods giant saw consolidated EBITDA rise 18 percent versus the same period in the prior year.
THE DETAILS Sales rose 12 percent to ₹2,007 crore, with volume up 15 percent. Breaking that down by division, Home Care put on 6 percent while Personal Care grew 4 percent on the back of volume-led growth.
THE WHY? Sudhir Sitapati, Managing Director and CEO, explains, “We delivered a strong performance for all four quarters in FY 2024, despite challenging conditions across markets. Our consolidated organic volumes for Q4FY24 grew by 9 percent, led by the India business growing volumes at 7 percent and Indonesia growing volumes at 12 percent. This led to strong full-year organic volume growth delivery at 7 percent for our consolidated business, 6 percent for India and 11 percent for Indonesia. Our consolidated reported revenue growth for Q4 and FY2024 both stood at 6 percent.”
Clinical aesthetics products refer to a category of products used in the field of medical aesthetics or cosmetic dermatology. These products are typically designed and formulated to be used under the supervision of healthcare professionals, such as dermatologists, plastic surgeons, or trained aestheticians. They are distinct from over-the-counter cosmetics in that they often contain active ingredients or formulations that require expertise in their application or administration.
Examples of clinical aesthetics products include:
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Dermal Fillers: Injectable substances used to add volume, smooth wrinkles, and enhance facial contours. Examples include hyaluronic acid fillers like Juvederm and Restylane.
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Botulinum Toxin (Botox): Injectables that temporarily paralyze facial muscles to reduce the appearance of wrinkles caused by repetitive movements, such as frown lines and crow's feet.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve its texture. They can treat acne, pigmentation issues, and signs of aging.
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Laser and Light Therapies: Devices that emit focused light or laser energy to treat various skin conditions, including acne, scars, and signs of aging.
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Prescription Skincare Products: Formulations containing active ingredients like retinoids (vitamin A derivatives), hydroquinone, or prescription-strength antioxidants to address specific skin concerns under medical supervision.
